Profit Returns and Stable Dividends Targeting a Payout Ratio of 40%
First written in FY2016. 21 of 32 entries say "Restated". Latest entry: 2026-07-31.
- 2026-07-31AdvancedDividends
「To express our appreciation for the continued support of shareholders, we plan to pay an interim dividend of ¥45 per share for the fiscal year ending March 2027, comprising a regular dividend of ¥35 per share plus a “30th Anniversary of Listing Commemorative Dividend” of ¥10 per share. As a result, the forecast annual dividend per share for the fiscal year ending March 2027 will be ¥80, comprising the interim and year-end dividends.」
A ¥10 commemorative dividend marking the 30th anniversary of listing was added, and the forecast annual dividend for the fiscal year ending March 2027 was revised from ¥70 to ¥80. This is an increase in the specific shareholder-return amount, not a change to the regular dividend policy. - FY2026AdvancedAnnual report
「With respect to dividends, the Company has aimed to consistently pay dividends equivalent to approximately 50% of net income attributable to owners of the parent, calculated primarily on the basis of ordinary income and assuming zero extraordinary gains or losses. For the current fiscal year, the Company set the interim dividend at ¥29 per share and the year-end dividend at ¥35 per share. For the next fiscal year, the Company plans to pay an annual dividend of ¥70 per share, consisting of an interim dividend of ¥35 and a year-end dividend of ¥35.」
Applying the 50% dividend payout ratio policy, the Company plans to pay ¥29 per share for the interim dividend and ¥35 per share for the year-end dividend in the current fiscal year, and an annual dividend of ¥70 per share in the next fiscal year. - FY2026-H1RestatedAnnual report
「On 9 May 2025, the Company announced that it would raise its consolidated dividend payout ratio from 40% to 50%, effective from the interim dividend for the current consolidated fiscal year.」
The 50% consolidated dividend payout ratio decided in the previous fiscal year was applied from the interim dividend, resulting in an interim dividend of ¥29 per share, totaling ¥1,174.863 million. - FY2025RaisedAnnual report
「At a meeting of the Board of Directors held on 9 May 2025, the Company resolved to change its dividend payout ratio policy. With respect to dividends from the next fiscal year onward, the Company aims, in principle, to consistently pay dividends equivalent to approximately 50% of net income attributable to owners of the parent. This change will apply from the interim dividend for the fiscal year ending March 2026.」
The Company resolved to raise its target dividend payout ratio from 40% to 50% and apply the revised policy from the interim dividend for the fiscal year ending March 2026. - FY2025-H1RestatedAnnual report
「In addition, with respect to the interim dividend for the 37th fiscal year (from 1 April 2024 to 31 March 2025), the Board of Directors resolved at a meeting held on 6 November 2024 to pay an interim dividend to shareholders recorded on the shareholder registry as of 30 September 2024, as follows. ① Total dividend payment ¥783.110 million ② Dividend per share ¥19.00」
The Company resolved to pay an interim dividend of ¥19 per share, totaling ¥783.110 million, with the end of September 2024 after the stock split as the record date. - FY2024RaisedAnnual report
「At a meeting of the Board of Directors held on 5 February 2024, the Company resolved to change its dividend payout ratio policy. With respect to dividends from the next fiscal year onward, the Company aims, in principle, to consistently pay dividends equivalent to approximately 40% of net income attributable to owners of the parent. This change will apply from the interim dividend for the fiscal year ending March 2025.」
The Company raised its policy from targeting a dividend payout ratio of approximately 30% to targeting approximately 40% from the interim dividend for the fiscal year ending March 2025 onward. - FY2024-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 6 November 2023, the Company resolved to pay an interim dividend as follows to shareholders or registered share pledgees listed or recorded in the final shareholder register as of 30 September 2023: ① Total dividends ¥514.603 million ② Amount per share ¥25.00」
Under the profit distribution policy, the Company resolved to pay an interim dividend of ¥25 per share, totaling ¥514.603 million, with 30 September 2023 as the record date. - FY2024-Q1RestatedAnnual report
「At a meeting of the Board of Directors held on 15 May 2023, the Company resolved to pay a year-end dividend as follows to shareholders or registered share pledgees listed or recorded in the final shareholder register as of 31 March 2023, and paid the dividend. ① Total dividends ¥568.891 million ② Amount per share ¥27.00」
Under its shareholder return policy, the Company paid a year-end dividend of ¥27 per share, including a ¥4 commemorative dividend for the 35th anniversary of its founding. - FY2023RaisedAnnual report
「The dividend for the current fiscal year comprises a regular interim dividend of ¥23 per share and a regular year-end dividend of ¥23 per share, plus a ¥4 per-share commemorative dividend for the 35th anniversary of the Company's founding, resulting in a dividend of ¥27 per share. For the next fiscal year, the Company plans to pay an annual dividend of ¥50 per share, comprising an interim dividend of ¥25 and a year-end dividend of ¥25.」
The Company continues its policy of targeting a payout ratio of approximately 30% and indicated a dividend of ¥27 per share for the current fiscal year, including the commemorative dividend for the 35th anniversary of its founding, and a planned annual dividend of ¥50 per share for the next fiscal year. - FY2023-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 7 November 2022, the Company resolved to pay an interim dividend as follows to shareholders or registered share pledgees listed or recorded in the final shareholder register as of 30 September 2022: ① Total dividends: ¥484.212 million ② Amount per share: ¥23.00」
Under its shareholder return policy, the Company resolved to pay an interim dividend of ¥23 per share, totaling ¥484.212 million, with a record date of 30 September 2022. - FY2023-Q1Paid a year-end dividend of ¥24 per shareAnnual report
「At a meeting of the Board of Directors held on 16 May 2022, the Company resolved to pay a year-end dividend as follows to shareholders or registered share pledgees listed or recorded in the final shareholder register as of 31 March 2022, and paid the dividend: ① Total dividends: ¥504.973 million ② Amount per share: ¥24.00」
Under its shareholder return policy, the Company paid a year-end dividend of ¥24 per share for the fiscal year ended March 2022, totaling ¥504.973 million. - FY2021RaisedAnnual report
「The dividend for the current fiscal year was ¥20 per share, including an interim dividend of ¥18 per share. For the next fiscal year, the Company plans to pay an annual dividend of ¥40 per share, comprising an interim dividend of ¥20 and a year-end dividend of ¥20.」
The Company continues its policy of targeting a payout ratio of approximately 30% and has raised its planned annual dividend for the next fiscal year from ¥36 per share in the previous fiscal year to ¥40 per share. - FY2021-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 6 November 2020, the Company resolved to pay an interim dividend as follows to shareholders or registered share pledgees listed or recorded in the final shareholder register as of 30 September 2020, and paid the dividend: ① Total dividends: ¥377.994 million ② Amount per share: ¥18.00」
Under the revised policy of targeting a payout ratio of approximately 30%, the Company paid an interim dividend of ¥18 per share. - FY2021-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 6 November 2020, the Company resolved to pay an interim dividend as follows to shareholders or registered share pledgees listed or recorded in the final shareholder register as of 30 September 2020. ② Amount per share ¥18.00」
Under the revised policy of targeting a payout ratio of approximately 30%, the Company resolved to pay an interim dividend of ¥18 per share, with no significant change to its shareholder return policy. - FY2020RestatedAnnual report
「With respect to dividends, the Company aims to continue paying an amount equivalent to approximately 30% of net income attributable to owners of the parent, calculated on the basis of consolidated ordinary income, assuming extraordinary gains and losses of zero.」
The Company continues its policy of targeting a payout ratio of approximately 30% from the interim dividend for the fiscal year ending March 2020 onward. On a pre-share-split basis, the annual dividend for the current fiscal year is planned at ¥72 per share, and the annual dividend for the next fiscal year is planned at ¥36 per share after the split. - FY2020-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 6 November 2019, the Company resolved to pay an interim dividend as follows to shareholders or registered share pledgees listed or recorded in the final shareholder register as of 30 September 2019. ② Amount per share: ¥36.00」
Under the revised dividend policy, the Company paid an interim dividend of ¥36 per share. - FY2020-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 6 November 2019, the Company resolved to pay an interim dividend as follows to shareholders or registered share pledgees listed or recorded in the final shareholder register as of 30 September 2019. ② Amount per share: ¥36.00」
Under the revised dividend policy, the Company resolved to pay an interim dividend of ¥36 per share with a record date of 30 September 2019. - FY2020-Q1SoftenedAnnual report
「With respect to dividends, the Company had aimed to continue paying an amount equivalent to approximately 40% of net income calculated on the basis of ordinary income, assuming extraordinary gains and losses of zero. However, from the interim dividend for the fiscal year ending March 2020, it partially changed its dividend policy and now aims to continue paying an amount equivalent to approximately 30% of net income attributable to owners of the parent, calculated on the basis of consolidated ordinary income, assuming extraordinary gains and losses of zero.」
The Company changed its dividend policy from targeting approximately 40% to targeting approximately 30% from the interim dividend for the fiscal year ending March 2020 onward. - FY2019RaisedAnnual report
「With respect to dividends, the Company aims to continue paying an amount equivalent to approximately 40% of net income calculated on the basis of ordinary income, assuming extraordinary gains and losses of zero. The dividend for the current fiscal year was ¥34 per share, resulting in an annual dividend of ¥66 per share including the ¥32 interim dividend. For the next fiscal year, the Company plans to pay an annual dividend of ¥68 per share, comprising an interim dividend of ¥34 and a year-end dividend of ¥34.」
The Company continues its policy of targeting a payout ratio of approximately 40% and has raised its planned annual dividend for the next fiscal year from ¥64 to ¥68 per share. - FY2019-Q3RestatedAnnual report
「Regarding the interim dividend for the 31st fiscal year (1 April 2018 to 31 March 2019), at a meeting of the Board of Directors held on 6 November 2018, the Company resolved to pay an interim dividend as follows to shareholders or registered share pledgees listed or recorded in the final shareholder register as of 30 September 2018, and paid the dividend: ① Total dividends: ¥350.083 million ② Amount per share: ¥32.00」
Under its stable shareholder return policy, the Company paid an interim dividend of ¥32 per share. - FY2019-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 6 November 2018, the Company resolved to pay an interim dividend as follows to shareholders or registered share pledgees listed or recorded in the final shareholder register as of 30 September 2018: ① Total dividends: ¥350.083 million ② Amount per share: ¥32.00」
Under its previous policy of targeting a payout ratio of approximately 40%, the Company resolved to pay an interim dividend of ¥32 per share, totaling ¥350.083 million. - FY2019-Q1RestatedAnnual report
「At a meeting of the Board of Directors held on 14 May 2018, the Company resolved to pay a year-end dividend as follows to shareholders or registered share pledgees listed or recorded in the final shareholder register as of 31 March 2018, and paid the dividend: ① Total dividends: ¥470.430 million ② Amount per share: ¥43.00」
Under its policy of targeting a payout ratio of approximately 40%, the Company paid a year-end dividend of ¥43 per share. The amount includes a ¥10 commemorative dividend for the 30th anniversary of its founding. - FY2018RestatedAnnual report
「With respect to dividends, the Company aims to continue paying an amount equivalent to approximately 40% of net income calculated on the basis of ordinary income, assuming extraordinary gains and losses of zero.」
The Company continues to target a payout ratio of approximately 40%, and plans to pay ¥72 per share for the full year in the current fiscal year, including a ¥10 commemorative dividend for the 30th anniversary of its founding, and ¥64 per share for the full year in the next fiscal year. - FY2018-Q3RestatedAnnual report
「Regarding the interim dividend for the 30th fiscal year (1 April 2017 to 31 March 2018), at a meeting of the Board of Directors held on 6 November 2017, the Company resolved to pay an interim dividend as follows to shareholders or registered share pledgees listed or recorded in the final shareholder register as of 30 September 2017, and paid the dividend: ① Total dividends: ¥311.472 million ② Amount per share: ¥29.00」
The Company paid an interim dividend of ¥29 per share, totaling ¥311.472 million, for fiscal 2017, confirming the implementation of stable shareholder returns. - FY2018-Q1RestatedAnnual report
「With respect to dividends, the Company aims to continue paying an amount equivalent to approximately 40% of net income calculated on the basis of ordinary income, assuming extraordinary gains and losses of zero.」
The Company reaffirmed its policy of returning profits to shareholders by targeting a payout ratio of approximately 40%. It paid a year-end dividend of ¥29 per share for the quarter. - FY2017-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 7 November 2016, the Company resolved to pay an interim dividend as follows to shareholders or registered share pledgees listed or recorded in the final shareholder register as of 30 September 2016, and paid the dividend.」
The Company paid an interim dividend totaling ¥294.860 million, or ¥26 per share, confirming the implementation of stable shareholder returns. - FY2017-Q1RestatedAnnual report
「Common shares: total dividends of ¥304.986 million; dividend per share: ¥27.00; record date: 31 March 2016; effective date: 20 June 2016」
Under its stable shareholder return policy, the Company paid a dividend of ¥27 per share. No change to the policy of targeting a payout ratio of approximately 40% is disclosed. - FY2016First statedAnnual report
「With respect to dividends, the Company aims to continue paying an amount equivalent to approximately 40% of net income calculated on the basis of ordinary income, assuming extraordinary gains and losses of zero.」
The Company plans to pay ¥50 per share for the full year in the current fiscal year and ¥52 per share for the full year in the next fiscal year. Strengthening shareholders' equity and maintaining stable long-term earnings power are the premises for returning profits to shareholders.